OpenAI topped the ranking of the world's most expensive companies

Business

OpenAI has become the world's most expensive private company. Its value is now estimated at $500 billion - more than Elon Musk's SpaceX and China's ByteDance.

OpenAI topped the ranking of the world's most expensive companies
Just recently, OpenAI was valued at $300 billion. According to Bloomberg and Reuters, OpenAI's current and former employees sold the company's shares to investors for approximately $6.6 billion. Now its value has surpassed SpaceX's capitalization (about 400 billion), which has moved to second place. China's ByteDance, the owner of TikTok, remains third in the global ranking of private companies.

OpenAI analysts attribute the price increase to investors' high interest in artificial intelligence technologies.

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